$195,000
SOLD MAR 7, 2024

763 N Colony Rd Meriden, CT 06450

4 Beds
2 Baths
1,672 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

13% Below List Price

16 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Baseboard Heating
  • Attic
  • Property is near shops
  • Smart Thermostat

About This Home

As of October 2024

Two family for sale.Perfect investment opportunity being sold as is.Home needs updating and repair. Seller has installed one new gas furnace with two zones.2nd floor not available till walk thru before closing. Best Cash or 203K. Property available Monday -Saturday 10-12 .

Last Agent to Sell the Property

Janie Ouellette

Coldwell Banker Realty License #RES.0514571 Listed on: 01/02/2024

Coldwell Banker Realty

Last Buyer's Agent

Ruth Lara Deane

Seer Realty License #REB.0793782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,955

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Smart Thermostat

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Private Driveway

Location

  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Medical Services

Listing and Financial Details

  • Assessor Parcel Number 1167191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,955

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1672
  • Total Sq Ft: 1672
  • Year Built: 1910
  • New Construction: No/Resale
  • Nearby Amenities: Shopping/Mall
  • Association Amenities: Medical Facilities
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: North Colony Corner of Frary Ave
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1672
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Storage Space
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 763

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Brick, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.17
  • Lot Description: Corner Lot
  • Flood Zone: No
  • Zoning: C-3
  • Parcel #: 1167191

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3955
  • Total Assessed Value: 113680
  • Mil Rate Total: 34.79

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 9, 2024
Sold by
Castelan Prop Llc
Bought by
Daniel Lubny
Seller's Agent
Ruth Lara Deane
Seer Realty
Buyer's Agent
JR Torchon
eXp Realty
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Views
70
Current Estimated Value
$392,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,027
Avg. Annual Appreciation
-5.87%
Original Mortgage
$392,755
Outstanding Balance
$389,843
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
-$9,192

Purchase Details

Closed on
Sep 27, 2007
Sold by
Weld Andrew M
Bought by
Borrero Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Korp Willaim J
Bought by
Weld Andrew M

Purchase Details

Closed on
Jan 4, 1999
Sold by
Wilcox David and Wilcox Louise
Bought by
Korp William J

Purchase Details

Closed on
Aug 15, 1996
Sold by
Carabetta Lisa
Bought by
Wilcox David and Wilcox Louise
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 First American Title
Warranty Deed $400,000 First American Title
Warranty Deed $165,000 --
Warranty Deed $165,000 --
Warranty Deed $135,000 --
Warranty Deed $135,000 --
Warranty Deed $70,000 --
Warranty Deed $70,000 --
Warranty Deed $65,000 --
Warranty Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,755 FHA
Closed $392,755 FHA
Previous Owner $145,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $148,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $400,000 +3.9% $239 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $385,000 +97.4% $230 / Sq Ft
03/07/2024 03/07/24 Sold $195,000 -13.3% $117 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $225,000 -- $135 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,128 $113,680 $30,240 $83,440
2023 $3,955 $113,680 $30,240 $83,440
2022 $3,540 $107,310 $30,240 $77,070
2021 $3,203 $78,400 $30,590 $47,810
2020 $3,203 $78,400 $30,590 $47,810
2019 $6,201 $78,400 $30,590 $47,810
2018 $3,218 $78,400 $30,590 $47,810
2017 $3,130 $78,400 $30,590 $47,810
2016 $3,133 $85,330 $29,190 $56,140
2015 $3,133 $85,540 $29,400 $56,140
2014 $3,057 $85,540 $29,400 $56,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170616516

SmartMLS

APN: MERI-000411-000151-000003A